SuperDerivatives, the derivatives benchmark and multi-asset front office and revaluation provider, has launched the next generation of its interest rates derivatives trading system to support unprecedented demand for tools to distribute and manage interest rate derivatives.

SD’s Interest Rates Next Generation was developed following feedback from hundreds of clients, as well as managers of interest rates derivatives trading and sales desks, corporate treasurers, and risk managers. The new system delivers to market professionals a wide coverage of interest rate products and structures with flexible curves, volatility surfaces, and robust basis swaps, supported by communication, management, and trade execution tools to assist with hedging, risk management, and investment decisions.

Market professionals using SD’s Interest Rates Next Generation in their growth strategy can now trade high-margin, tailored, sophisticated structures as easily and efficiently as plain vanilla products. As is the case with all SD solutions, Interest Rates Next Generation is Web-based and operates in real time for immediate implementation and scalability, with connectivity to over 10 years of historical databases for analysis.

Interest Rates Next Generation can integrate into any information and trading architecture, connecting various trading and sales desks and interfacing with middle and back-office systems, linking banks to their clients, reducing operational risk, and facilitating faster trading.

Among other capabilities, the system also brings together all the front- and middle-office functionalities required to effectively manage interest rate derivatives in a trading and workflow application, with thin-client pricing, helping users to manage compliance, market and counter-party risk and audit requirements.